Solana uses a Proof of Stake consensus mechanism plus Proof of History, a decentralized source of time that Solana Labs CEO and founder Anatoly Yakovenko told me is “the implementation of the arrow of time in math.” Sounds mind-bending, and it is, but what it means is that transactions on Solana are verifiably ordered without all nodes needing to agree simultaneously. That’s what makes it so fast.
At the rate it's been growing, relative to other major coins, it could be a top 4-5 coin very soon. It currently sits right behind Binance Coin and Tether at #6.
https://www.coingecko.com/en
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Solana has had quite a month.
https://www.notboring.co/p/solana-summer
At the rate it's been growing, relative to other major coins, it could be a top 4-5 coin very soon. It currently sits right behind Binance Coin and Tether at #6. https://www.coingecko.com/en